Foreign media on Vietnam’s success in renewal process
Vietnam is one of the countries that are successful in hunger eradication and poverty alleviation, achieving many economic achievements thanks to the application of private property rights and free-market reforms, according to an article posted on US’s news website washingtonexaminer.com on October 11.
Hanoi (VNA) – Vietnamis one of the countries that are successful in hunger eradication and povertyalleviation, achieving many economic achievements thanks to the application ofprivate property rights and free-market reforms, according to an article posted on US’s news website washingtonexaminer.com on October 11.
Vietnam was one of the poorestcountries in the world in 1990 with per capita gross domestic product of 98USD. As late as 1993, 79.7% of the Vietnamese population was trapped in povertybut the rate dropped to 50.6% by 2006 and 5% by 2020. This achievement is a testament to thesuccess of the country’s poverty alleviation, it said.
The article emphasised that the SixthNational Congress of the Communist Party of Vietnam in December 1986 adoptedthe far-reaching reforms known as "Doi Moi" (Renewal),which laid the foundations for the positive change that was achieved in Vietnamin the years that followed. A new investment law was passed in 1987, openingits doors to foreign investors. For the first time, Vietnam allowed investmentsthat were 100% owned by foreign capital and guaranteed that foreign investors’capital and property would be safe.
According to the article, Vietnam is now oneof the world’s most dynamic emerging countries and offers opportunities forhardworking people and entrepreneurs. Its gross domestic product has increasedsix folds since the launch of the reforms.
🍎 From a country that could not produce enoughrice to feed its own people, Vietnam has become one of the world’s largest riceproducers and a major exporter of electronic goods, it said./.
Policies to support the impoverished, particularly children, the elderly and ethnic minority people, should be completed to ensure that no one is left behind, Prime Minister Nguyen Xuan Phuc has said.
With the new multi-dimensional poverty line approved last year, the near poor and poor household rate in Vietnam increases from 5.2% in 2020 to 9.35% this year, meaning an additional 10 million people to benefit from the Government’s social protection and poverty reduction policies and programmes in 2021-2025 period.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
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The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image. (Photo: VNA) 
